maximize
your impact with
every tax dollar!
all of your tax dollars to the
State of
Mississippi
all of your tax dollars to
Canopy
Children’s Solutions
Mississippi Children’s Home Society
BUSINESS TAX CREDITS
Eligible Charitable Organization (ECO)
- WHO: Business Taxpayers (Corporations, Partnerships, Limited Liability Companies and Sole Proprietorships)
- WHAT: Income Tax (50% of tax liability), Insurance Premium Tax (50% of tax liability), Insurance Premium Retaliatory Tax (50% of tax liability), Ad Valorem Tax (for entities not operating as a corporation, 50% of real property tax liability)
Eligible Transitional Home Organization (ETHO)
- WHO: Business Taxpayers (Corporations, Partnerships, Limited Liability Companies and Sole Proprietorships)
- WHAT: Income Tax (50% of tax liability), Insurance Premium Tax (50% of tax liability), Insurance Premium Retaliatory Tax (50% of tax liability), Ad Valorem Tax (50% of real property tax liability)
INDIVIDUAL TAX CREDITS
Qualified Foster Care Charitable Organization (QFCCO)
- WHO: Individual Taxpayers
- WHAT:
- Income Tax
- Married, Filing Jointly (up to $3,000)
- Single, Head of Household (up to $1,500)
- Ad Valorem Tax (50% of real property tax liability)
- Income Tax
Eligible Transitional Home Organization (ETHO)
- WHO: Individual Taxpayers
- WHAT: Income Tax (50% of tax liability), Ad Valorem Tax (50% of real property tax liability)
Cares Center, Inc.
BUSINESS TAX CREDITS
Eligible Charitable Organization (ECO)
- WHO: Business Taxpayers (Corporations, Partnerships, Limited Liability Companies and Sole Proprietorships)
- WHAT: Income Tax (50% of tax liability), Insurance Premium Tax (50% of tax liability), Insurance Premium Retaliatory Tax (50% of tax liability), Ad Valorem Tax (for entities not operating as a corporation, 50% of real property tax liability)
INDIVIDUAL TAX CREDITS
Qualified Charitable Organization (QCO)
- WHO: Individual Taxpayers
- WHAT:
- Income Tax
- Married, Filing Jointly (up to $2,400)
- Single, Head of Household (up to $1,200)
- Ad Valorem Tax (50% of real property tax liability)
- Income Tax
The tax credits listed above are all separate credits and may be utilized together.
Unused tax credits may be carried forward for five years.
All tax credits are limited per year and will go quickly.
Canopy is ready to assist with the timely submission of your allocation request.
it’s risk-free
to apply for your
tax credits today!
By choosing to invest in Canopy Children’s Solutions, you can make your tax dollars work harder. Join us in creating lasting change – it’s more than a tax benefit, it’s an investment in a brighter future.
we believe in
outcomes
LIVES OF CHILDREN TRANSFORMED
plus their families in 2023
INVESTING IN CANOPY’S MISSION WITH YOUR TAX DOLLARS CREATES A
BIG RETURN ON INVESTMENT FOR THE STATE OF MISSISSIPPI!
$40M
annually
CANOPY SAVES TAXPAYERS BY DIVERTING MORE THAN 1,000 CHILDREN FROM ENTERING STATE CUSTODY
SINCE 2019, CANOPY HAS SAFELY DIVERTED MORE THAN 6,000 CHILDREN FROM ENTERING MISSISSIPPI’S FOSTER CARE SYSTEM SAVING TAXPAYERS MORE THAN
$270,000,000
AND REDUCING THE NUMBER OF CHILDREN IN STATE CUSTODY TO LESS THAN 4,000.
Our mission
Canopy Children’s Solutions’ mission is to help children thrive and families overcome extraordinary challenges by providing a continuum of behavioral health, educational and family support solutions.
Founded in 1912, Canopy is Mississippi’s largest nonprofit provider of behavioral health, educational and family support solutions.
Learn more about Solutions
Search and interactive map
Discover Canopy resources
View the 2023 Annual Report
Let’s Connect
HIEDI NOEL
